Research

Budget, Taxation & Economy

An Occupancy Tax Increase? Haywood County already has a million dollars annually from existing tax

Officials from Haywood County have proposed an increase in the county’s occupancy tax by 50 percent, which would disadvantage Haywood compared to surrounding counties with lower rates. Taxation is justified…

Budget, Taxation & Economy

Lower Taxes, Higher Growth: Scholarly Research Reveals Economic Benefits of Fiscal Restraint

Most studies find that lower levels of taxes and spending, less-intrusive regulation, and lower energy prices correlate with stronger economic performance. The implications of this research track well with recent…

Budget, Taxation & Economy

Trends in North Carolina State Spending: Total state spending has grown after both inflation and per capita adjustments

Regardless of how it is measured, state spending is increasing. North Carolina’s total state budget peaked in 2012, reaching more than $51 billion or $5,348 per capita, with federal spending…